DStv Channel 403 Wednesday, 22 January 2025

UPDATE: Inflation edges up to 3% in December

  • Editor's note: This article is updated each time new information becomes available.

JOHANNESBURG - Inflation edged up to 3 percent in December, from 2.9 percent in November.

Housing and utilities, goods and services, food and non-alcoholic beverages were the main contributors.

The annual inflation rate for goods was 1.9 percent and the annual inflation rate for services was 4.2 percent.

Economist and macro-strategist at Matrix Fund Managers, Kim Silberman, said the consensus is probably going to play out.

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